Auto Added by WPeMatico

With Rents on the Rise – Is Now the Time To Buy?

By |2021-08-03T03:00:53-07:00August 3rd, 2021|Categories: First Time Home Buyers, For Buyers, Pricing, Real Estate, Rent vs. Buy|

According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than [...]

The Truths Young Homebuyers Need To Hear

By |2021-07-07T03:00:45-07:00July 7th, 2021|Categories: Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Pricing, Real Estate, Rent vs. Buy|

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value [...]

Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]

By |2021-06-18T03:00:29-07:00June 18th, 2021|Categories: First Time Home Buyers, For Buyers, Infographics, Pricing, Real Estate, Rent vs. Buy|

Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation. If you’re [...]

6 Reasons to Celebrate National Homeownership Month

By |2021-06-01T03:00:53-07:00June 1st, 2021|Categories: First Time Home Buyers, For Buyers, Pricing, Real Estate, Rent vs. Buy|

Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to its highest point [...]

How Misunderstandings about Affordability Could Cost You

By |2021-05-27T03:00:14-07:00May 27th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Pricing, Real Estate, Rent vs. Buy|

There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether or not it’s truly affordable to buy a home right [...]

Buying a Home Is Still Affordable

By |2021-05-26T03:00:49-07:00May 26th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Pricing, Real Estate, Rent vs. Buy|

The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and the main market factors that impact [...]

Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

By |2021-05-03T03:00:29-07:00May 3rd, 2021|Categories: First Time Home Buyers, For Buyers, Real Estate, Rent vs. Buy|

Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher [...]

Home Is Where the Heart Is [INFOGRAPHIC]

By |2021-04-16T03:00:21-07:00April 16th, 2021|Categories: First Time Home Buyers, For Buyers, Infographics, Real Estate, Rent vs. Buy|

Some Highlights There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year. The vast majority of homeowners say they’re emotionally attached to their home and that it has kept them safe during the COVID-19 pandemic. Owning a home provides a sense of safety, security, [...]

93% of Americans Believe a Home Is a Better Investment Than Stocks

By |2021-04-14T03:00:09-07:00April 14th, 2021|Categories: First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Real Estate, Rent vs. Buy|

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment [...]

3 Ways Home Equity Can Have a Major Impact on Your Life

By |2021-02-17T04:00:39-07:00February 17th, 2021|Categories: Distressed Properties, For Buyers, For Sellers, Foreclosures, Real Estate, Rent vs. Buy|

There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased for the average homeowner by $17,000 in the last year alone. ATTOM [...]